Bon Secours Inc

Nonprofit profile at a glance

EIN
521301091
IRS 990-EZ coverage
2014–2017
Forms available
Form 990 2013, Form 990-EZ 2017, Form 990-N 2012
Location
Marriottsville, MD, USA
Phone
4104425511
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Health Systems
Affiliation
Christianity

Reported finances

Revenue
$100,000
Expenses
$82,545
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • SR PATRICIA ECK CBS (CHAIR/PRESIDENT)

People named in this filing

  • CHRIS ALLEN (BOARD MEMBER)
  • COLLEEN SCANLON (BOARD MEMBER)
  • KAHTRYN CONNERTON (BOARD MEMBER (JAN-AUG))

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization is formed exclusively for the benefit of, to perform the functions of, and to carry out the purposes of the sisters of bon secours of the united states, incorporated ("sisters"), and all other publicly supported organizations in the bon secours mercy health system, by carrying out the health care mission of the sisters in accordance with the philosophy, mission and policies of the sisters, and in accordance with, and subject to, the directives and teachings of the roman catholic church.

What it reported doing in 2017

Bon secours, inc. (bsi) is the sole member of bon secours mercy health, inc. (bsmh). Bsi functions as the parent organization to bsmh and provides overall governance for the organization in keeping with the faith-based mission of the sisters of bon secours of the united states, inc. (sisters). Bsi's role includes the approval of bsmh high level policies, the strategic plan, significant transactions such as mergers, joint ventures, dissolutions and governance structures of bsmh and related organizations.the expenses of the organization relate to the costs of board meetings and education programs such as the catholic health association (cha).ecclesiology program and the public juridic person (pjp) collaborative: these programs provide an opportunity for ministry formation; collaboration with other members of catholic health care and provides the training needed to better understand the canonical requirements of catholic sponsorship. Officers and directors, who are also key staff members of related entities, also participate in pilgrimages to rome with the sisters in order to participate in meetings with key vatican agency that gives both approval and direction to the ministry in order to ensure the organization is fulfilling its purpose and mission.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 82
  • Sustainability: 43
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.3%; rating input score 74
  • Program expense ratio: 90%; rating input score 90

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 17.5%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: 6.8% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: -11.1% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -20.1% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 74.3% of revenue deployed · 90% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $74K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2014 to 2017
  • Contacts: How to reach this organization
  • Related organizations: 77 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.